NOT LISTED FOR SALE

Estimated Value: $700,000 - $1,051,988

12 Beds
7 Baths
3,934 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $500,000 $127 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,255/month

10 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows

About This Home

As of November 2016

Great income opportunity. 4 units Completely rebuilt from the ground up, energy efficient, leased for an entire year and tenants are wanting to stay much longer. This is the goose with the golden eggs. Close to freeway, schools and downtown.

Last Agent to Sell the Property

Roberto Martinez

ROA California Inc. dba Realty of America License #01359657 Listed on: 11/05/2016

Co-Listed By

Donaxi Ruthford

Alameda Co-Op Key Office License #02013090

Last Buyer's Agent

Roberto Martinez

ROA California Inc. dba Realty of America License #01359657 Listed on: 11/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 2016

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions: 75

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $4,900
  • Tenant pays for electricity gas
  • Assessor Parcel Number 103-020-013-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,071

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 2016
  • Stories: 1
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Microwave
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement,See Remarks
  • Listing Price: 575000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.2410
  • Lot Dimensions: 75 x 140
  • Lot Size Sq Ft: 10500

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 4900

Multi Family

  • Gross Income: 58800
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 103-020-013-000
  • Current RE Taxes: 2071

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 2, 2016
Sold by
Barzev Guergui Petrov
Bought by
Vermont Bld Llc
Seller's Agent
Roberto Martinez
ROA California Inc. dba Realty of America
Buyer's Agent
Roberto Martinez
ROA California Inc. dba Realty of America
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$875,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,994
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Nov 5, 2016
Closed on
Nov 16, 2016
Sold by
Ruthford Jimmie and Ruthford Donaxi
Bought by
Barzev Guerguji Petrov
Seller's Agent
Roberto Martinez
ROA California Inc. dba Realty of America
Buyer's Agent
Roberto Martinez
ROA California Inc. dba Realty of America
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Gutierrez Socorro
Bought by
Ruthford Jimmie and Ruthford Donaxi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2010
Sold by
Khatri Bros
Bought by
Gutierrez Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2009
Sold by
Tittle Patrick A
Bought by
Khatri Bros

Purchase Details

Closed on
Aug 26, 2005
Sold by
Tittle Patrick A
Bought by
Tittle Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2005
Sold by
Tittle Michael Deloach
Bought by
Tittle Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2001
Sold by
Tittle Joanne
Bought by
Tittle Patrick
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vermont Bld Llc -- Stewart Title
Barzev Guerguji Petrov $530,000 Stewart Title
Ruthford Jimmie -- Stewart Title
Gutierrez Socorro $175,000 Old Republic Title Company
Khatri Bros -- Chicago Title Company
Tittle Patrick A -- Stewart Title Of Modesto
Tittle Patrick A -- --
Tittle Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruthford Jimmie $272,000
Previous Owner Gutierrez Socorro $150,000
Previous Owner Tittle Patrick A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $500,000 -13.0% $127 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/05/2016 11/05/16 For Sale $575,000 -- $146 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,046 $618,404 $39,821 $578,583
2023 $6,942 $606,280 $39,041 $567,239
2022 $6,774 $594,393 $38,276 $556,117
2021 $6,371 $582,739 $37,526 $545,213
2020 $6,496 $576,765 $37,142 $539,623
2019 $6,346 $565,457 $36,414 $529,043
2018 $6,042 $554,370 $35,700 $518,670
2017 $6,281 $530,000 $35,000 $495,000
2016 $2,071 $190,816 $21,806 $169,010
2015 $1,827 $168,000 $37,500 $130,500
2014 $1,638 $150,000 $37,500 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16071291

MetroList

APN: 103-20-13